Business insurance can protect your life long work
You have worked hard to build your business and it makes sense to have the insurance to protect your life’s work. Stoneman Schopf can help you with best value business insurance in Algoma, Egg Harbor WI, Fish Creek WI or Sister Bay. The right business insurance will cover you for general everyday risks as well as risks that are specific to your industry.
It does not matter whether you have a bakery in Algoma, a restaurant in Egg Harbor WI, a medical practice in Fish Creek WI or a factory in Sister Bay, there is a commercial insurance plans that is right for you and your business.
There are certain common risks that every small to medium business faces on a daily basis. These include fire damage, storm damage, accidental damage, road accidents, business interruption, theft, fraud and liability claims. A business owner’s policy (BOP) is a blanket type of insurance that includes cover general and common risks. It is the most common type of business insurance. It combines property and liability coverage into a single convenient policy.
A BOP will cover your property, your equipment, your auto risks as well as your liabilities. It is therefore a broad coverage and more cost effective than paying for separate policies. Property insurance generally includes your buildings, your furniture and equipment, your inventory as well as debtors and administrative records. Liability insurance covers you in the event that a 3rd party sues for accidental damage or injury.
Your insurance agent can also tailor a BOP to suit your specific requirements and needs. This could be by way of additional coverages such as electronic data coverage, cyber insurance, umbrella insurance and so on.
You can also get additional business insurance for your specific business such as restaurant insurance, contractors insurance, transport insurance, travel agent insurance, marine insurance and so on.